Corn price shows clear positive trades to move away from the intraday bullish channel’s support line, reinforcing the expectations of continuing the bullish trend for the rest of the day, which targets 440.00 level as a next station, supported by the EMA50 that continues to carry the price from below, noting that holding above 424.50 is important to continue the expected rise.
The expected trading range for today is between 424.00 support and 435.00 resistance.
The expected trend for today: Bullish